Woodland Estates Mobile Home Park
Palm Tree lined street
Street View of Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.6% (Actual)
- Listing ID: 552894
- Posted On: Aug 10, 2015
- Updated On: Mar 29, 2016
Description
Beautiful 50 space turnkey Mobile Home Community. Park is on City water and sewer and is sub-metered.
Location
Victoria is located in South East Texas, exactly halfway between San Antonio, Houston, and Corpus Christi.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 50 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $322 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $262 |
| Operating Expense: | $103 |
| Net Operating Income: | $158 |
| Expense Ratio: | 39.3 % |
Lot Information
| Singlewide Lots: | 49 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 24 |
| Average Rent for Park-owned Homes: | $280 |
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